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About The Organization

Varthana (Thirumeni Finance Pvt Ltd) is recognized among India's Great Mid-size Workplaces 2019. Every year, Great Place to Work® identifies India's 50 Great Mid-size Workplaces (with employee strength of 100 to 500) through an objective and rigorous workplace culture assessment process.

Varthana is the brand name of Thirumeni Finance Private Limited, a non-banking finance company (NBFC). Varthana stands for transformation- the transformation of the country's affordable private education sector. Varthana aims to fill this gap by providing secured and unsecured loans to private schools serving the low-income population to improve the school quality and infrastructure.

Company Size

489 Employees

Industry

Financial Services & Insurance

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Why Varthana (Thirumeni Finance Pvt Ltd) is a Great Place to Work?

Varthana (Thirumeni Finance Pvt Ltd) has successfully created a Great Place to Work FOR ALL their employees as they have excelled on the 5 dimensions that are a hallmark of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. In a rigorous assessment process conducted by the Great Place to Work® Institute, Varthana (Thirumeni Finance Pvt Ltd) met the minimum criteria on the Trust Index© Employee Survey, on the consistency of experience across all demographics and on the Culture Audit© People Practices Framework, to clear the first level i.e. getting Great Place to Work-Certified™.


Great Place to Work® is considered the ‘Gold Standard’ in workplace culture assessment and recognition.

As a certified organization, Varthana (Thirumeni Finance Pvt Ltd) became eligible to be considered among 'India's Great Mid-size Workplaces 2019' – a list that features the 'Best of the Best’. The process of identifying India's Great Mid-size Workplaces is based purely on the assessment findings and does not involve any jury or opinion based criteria.

Culture Snapshot 
The working environment at Thirumeni Finance is friendly. Colleagues support each other and work together as a family. Employees can connect with management and voice their concerns and suggestions. They are supported in their endeavours. They are trusted and empowered to plan their work and decide for themselves. Employees are proud to work here. The purpose of the organization inspires them to work here for a long time. 

This page highlights more about the work culture of the organization, selected best people practices, the vision of the leadership and glimpses of employee life. 

Read through to find out what makes Varthana (Thirumeni Finance Pvt Ltd) a Great Workplace.

Recognitions awarded by Great Place to Work®

Click here to read more about the evaluation process.

Great Place to Work-Certified™ from March 2019 - February 2020

India's Great Mid-size Workplaces 2019

Best People Practices

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Speaking

Elite RM Meet

The Elite RM Meet is a flagship programme for Varthana's top sales performers. It goes beyond the scope of awards and certificates to cover development aspects, retention and career programs. The objective of this program is to inspire employees to give their best. Around 10-12 % of overall eligible employees receive this recognition every quarter. These employees are invited to the Head Office for a leadership meeting, the agenda of which includes recognition, engagement, development and social time. The leadership team at Varthana, addresses the team directly and asks for their suggestions and inputs for improvements. 

Helping-Board

Developing

Shadowing

The Elite RM program is designed to develop second-line leadership in branches. Varthana has created a role of Territory Managers below Branch Managers, elevate best performers and potential talents to provide them with people manager exposure. These managers, groom 2-3 RMs under the supervision of Branch Managers. The Elite RM program also has a buddy program where all Elite RMs work to develop at least 2 average performing RMs for Elite team by sharing their experience and knowledge. This shadowing process has helped Varthana develop higher performing RMs in the system. 30% of Elite RMs are promoted to higher roles in a short span of time. 

Varthana is a great place to work as here people are really friendly, and this impact comes with our role. We feel very comfortable to work here, even senior people are very fair and transparent. Overall, I feel happy to work here. One more point is that, in Varthana if you are a performer then your growth starts very fast, in terms of level or money, Varthana is a growing company and in my short term here I am looking for a long tenure in this company.

Employee Testimonial

The organisation helps unlock potentials of multiple individuals and there is a huge focus on being resourceful. Having moved roles and teams as well, I have noticed that a lot of high potential individuals have moved on to take better positions and well deserved additional responsibilities which eventually will help them grow.

Employee Testimonial

Leaders Speak

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Steve Hardgrave

CEO, Varthana (Thirumeni Finance Pvt Ltd)

1. What is your personal approach to making a Great Workplace? 
I take a lot of inspiration from the Bible and how it says we should treat other people. In this regard, I see the company as a community of people, working together to fulfil a vision to make the world a better place, as opposed to the company as a type of machine in which the people and their work are merely inputs that generate a product, profit, etc. 

2. What are the top 2 benefits you see of creating a Great Workplace? 
While it is sometimes difficult to measure, I believe a strong, positive culture is one of the most difficult aspects of the business for a competitor to replicate. When people love the work and workplace, they tend to work a little harder and better, and that ends up making a big difference over time and at scale.

3. What are your top people priorities? 
Our top priority is to make sure that our team members are growing in their respective roles. Growth is exciting (and sometimes scary/painful) and inspiring because it is the manifestation that you have even more potential than you have already realized. The next task, in an organization that is growing as fast as Varthana, is to recognize where and when we need to bring in more seasoned leadership to help coach and mentor those of us that have never done what are role requires.

4. How has your association with Great Place to Work® helped your business and strategic goals?
Great Place to Work® has helped us identify the specific areas we need to strengthen to further improve our work environment. Our strong rating has also been a help in recruiting new talent to an organization that does not yet have as much visible name recognition as larger companies. Both of these components are helping us strengthen the team to achieve our ever more ambitious goals.
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Chandra Kumar CS

Head- Team Transformation, Varthana (Thirumeni Finance Pvt Ltd)

1. What can your present and potential employees be sure of from a work culture perspective in the organization? 
Our leadership will continue as Inspirational, transparent and approachable. We assure to continue a work environment built-in “Trust”, “Respect”, “Fairness” and “Collaboration”. We live our vision and values to continue to create an impact on the affordable education segment. We continue to build teams that are hierarchy less, supportive and synergic. We are committed to our value of unlocking the potential to enable individuals to explore their best while they enjoy the best of their work-life balance. 

2. What, according to you, is a people challenge your industry is facing? 
The high growth of the NBFC segment over the last few years had resulted in a shortage of talent and high cost. At the middle level, there is a talent crunch of managers with the right mix of business and people skills, whereas the front line workforce is impacted by whooping Job hopping, attrition, and integrity issues. There is an immediate requirement of skill imparting, management development and data sharing for fraud control.

3. How are you ensuring a consistent workplace experience FOR ALL your employees, irrespective of their role, age, gender, tenure, etc. in the organization? 
We live our value of “Serve Other”, which state we value people and relationship more than anything else. This principle is embedded in our systems and processes. We have offices without a cabin, irrespective of the role people share the same workspace. Our travel, reimbursement process doesn’t follow any differential entitlements. Our hiring process follows equal employment opportunity avoids any biases.

4. How has your association with Great Place to Work® helped your business and strategic goals? 
We have got open and transparent feedback from our employees, this provides us with benchmarks against the practices in the industry. Moreover certifying with Great Place to Work® compliment our reputation on organization culture with internal and external stakeholders.

Life @ Varthana (Thirumeni Finance Pvt Ltd)

Glimpses of this Great Workplace

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